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Behavioral implications of shortlisting procedures

Tyson, Christopher J. - 2012

We consider two-stage "shortlisting procedures" in which the menu of alternatives is first pruned by some process or criterion and then a binary relation is maximized. Given a particular first-stage process, our main result supplies a necessary and sufficient condition for choice data to be...

Persistent link: https://www.econbiz.de/10009655796

Network formation and disruption : an experiment : are efficient networks too complex?

Brangewitz, Sonja; Djawadi, Behnud Mir; Endres, Angelika; … - 2017

We experimentally study the emergence of networks under a known external threat. To be more specific, we deal with the question if subjects in the role of a strategic Designer are able to form safe and efficient networks while facing a strategic Adversary who is going to attack their networks....

Persistent link: https://www.econbiz.de/10011660635

Discriminating between models of ambiguity attitude : a qualitative test

Cubitt, Robin P.; Kuilen, Gijs van de; Mukerji, Sujoy - 2017

During recent decades, many new models have emerged in pure and applied economic theory according between Epstein (2010) and Klibanoff et al. (2012) identified a notable behavioral issue that distinguishes sharply between two classes of models of ambiguity sensitivity that are importantly...

Persistent link: https://www.econbiz.de/10011756091

The strength of sensitivity to ambiguity

Cubitt, Robin P.; Kuilen, Gijs van de; Mukerji, Sujoy - 2017

's subjective beliefs about the uncertainty in ambiguous tasks. We find considerable heterogeneity among subjects in beliefs and …

Persistent link: https://www.econbiz.de/10011756115

The strength of sensitivity to ambiguity

Cubitt, Robin P.; Kuilen, Gijs van de; Mukerji, Sujoy - 2018

's subjective beliefs about the uncertainty in ambiguous tasks. We find considerable heterogeneity among subjects in beliefs and …

Persistent link: https://www.econbiz.de/10011812703

Identity, homophily and in-group bias

Currarini, Sergio; Menge, Friederike - 2012

matching. -- In-Group Bias ; Homophily ; Endogenous Matching ; Experiments ; Game Theory …

Persistent link: https://www.econbiz.de/10009539289

Individual characteristics and behavior in repeated games : an experimental study

Davis, Douglas; Ivanov, Asen; Korenok, Oleg - 2014

Using a laboratory experiment, we investigate whether a variety of behaviors in repeated games are related to an array of individual characteristics that are popular in economics: risk attitude, time preference, trust, trustworthiness, altruism, strategic skills in one-shot matrix games,...

Persistent link: https://www.econbiz.de/10010472858

Bounded rationality and voting decisions exploring a 160-year period

Stadelmann, David; Torgler, Benno - 2012

rather than interest groups. -- Bounded Rationality ; Voting ; Referenda Attention ; Rules of Thumb …

Persistent link: https://www.econbiz.de/10009628069

The strength of weak leaders : an experiment on social influence and social learning in teams

Buechel, Berno; Klößner, Stefan; Lochmüller, Martin; … - 2018

We investigate how the selection process of a leader affects team performance with respect to social learning. We use a lab experiment in which an incentivized guessing task is repeated in a star network with the leader at the center. Leader selection is either based on competence, on...

Persistent link: https://www.econbiz.de/10011794457

The effect of belief elicitation game play : conference paper

Hoffmann, Timo - 2014

The assumptions that subjects hold beliefs and that the chosen actions are not altered by a proper elicitation of these … beliefs are widely used in economics. In this paper I experimentally test whether the second assumption is correct. Especially … results in a significant increase of equilibrium play. Therefore the elicitation of beliefs can affect the choices made by …

Persistent link: https://www.econbiz.de/10010487275

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